Reference no: EM132703999

Problem - Julie Brown (Social Security number 456-23-6543) has been widowed for 5 years and has one dependent child, Chuck Brown (Social Security number 123-33-4444). Julie's adjusted gross income and her earned income are $90,000. Julie's employer withheld $2,000 in the dependent care flexible spending account (see Chapter 2 ). This amount was excluded from her wage income. Assume her taxable income is $45,500, and her regular tax is $5,191 (line 10 on Form 2441 ). Julie paid child care expenses of $1,500 to Ivy Childcare (1 Sunflower Street, Terre Haute, IN 47803, EIN 56-7654321) and expenses for the care of her disabled dependent mother, Devona Neuporte (Social Security number 214-55-6666), of $2,400 paid to De Anza Adult Care (13 Fort Harrison Rd., Dewey, IN 47805, EIN 43-1234567). Calculate Julie's child and dependent care credit for 2018 using Form 2441. Make realistic assumptions about any missing data.